NEW YORK — Wal-Mart is closing 269 stores, more than half of them in the U.S. and another big chunk in its challenging Brazilian market.
The stores being shuttered account for a fraction of the company's 11,000 stores worldwide and less than 1 percent of its global revenue.
Also read: Coke CEO Muhtar Kent to step down May 1
02:11 Murdoch Pounces on Sky as Lower Pound Makes Takeover Cheaper7
22:36 Trump surveys rallygoers on whether Time magazine’s ‘Person of the Year’ is too PC11
19:34 CEO shift at Coca-Cola could usher in more dealmaking to refresh soda giant's growth13
14:34 Coca-Cola Elevating Operating Chief to CEO, Succeeding Kent15